The following is an approximate level of annual costs for which the student is responsible, either through personal resources (other than the college) or other resources. This total is based on an average of 16 credit hours per semester for undergraduate students and 9 credit hours per semester for graduate students. Because tuition and fees are assessed by credit hour, the actual costs will depend on the number of credit hours attempted. Most international students at the undergraduate level take a higher number of credit hours per semester than the average undergraduate student from the US. The living expenses are based on very modest requirements for off-campus housing, food, transportation, and personal expenses. If you choose to live in the college residence halls, these costs may be somewhat reduced. Additionally, we have estimates for only room and board that do not include personal and transportation expenses. These estimates are used to develop that budget, but you must plan for those additional expenses.
All international students must pay an international student fee of $75 per semester. This amount is included in the estimate below.
Please note that all figures are ESTIMATES.
Estimated costs for 2012-13 (living off campus)
Undergraduate
Graduate
Tuition and Fees
Academic year (9 months)
$12,930
$11,050
Living Expenses (12 months)
$12,695
$12,840
Books & Supplies (9 months)
$ 1,000
$ 900
TOTAL
$26,625
$24,790
Estimated costs for 2012-13 (living on campus, one academic year)
Undergraduate
Graduate
Tuition and Fees
Academic year (9 months)
$12,930
$11,050
Room, Board, & insurance (9 months, on campus)
$ 7,025*
$ 9,900**
Books & Supplies (9 months)
$ 1,000
$ 900
TOTAL
$20,955
$21,850
*This estimate includes only room, board, and health insurance, which is mandatory for international students. This does not include personal and transportation expenses. You will still have these expenses, they are just not included in the budget. The institution estimates that you will spend approximately $2900 per academic year on personal and transportation expenses, so please be prepared for these expenses.
**This estimate includes personal and transportation expenses for the academic year. For annual expenses (12 months), please refer to the first table.
The following are estimated additional annual costs when dependents are involved:
| Single Student | Married Student | |
| Spouse | $8000 | |
| First Child | $7000 | $7000 |
| Second Child | $6000 | $6000 |
| Third Child | $5000 | $5000 |
Information on financial documents
The United States Citizenship & Immigration Service (USCIS) requires that U.S. colleges or universities must establish that a student is able to pay all educational and incidental expenses BEFORE issuing the I-20 form.
The international student must provide a statement of finances (in English). This includes a financial (bank) statement from the student or sponsor, which must be verified by a bank official. The bank statement must show the actual amount--or more--that is available to the student. A statement that says “ample funds” is not acceptable. If the student has a financial sponsor, a letter or affidavit of support must accompany the financial statement. If the sponsor is a government agency, a letter of award and instructions for invoice procedures should be sent. International students are not eligible for SDSM&T or federal loan programs and should not apply for such financial assistance.
The following information is provided as a guideline.
You must provide current information (less than 6 months old) from your financial institution verifying that you have the funding readily available for use. These funds should be in cash or liquid assets.
Please send a current bank statement according to the following specifications.
Bank statement (in English) must be on bank letterhead (to include the bank’s address and telephone number) and include the account number, date the account was opened, and balance to date. Again, a bank statement that says “ample funds” and does not include dollar amounts is not acceptable. A bank statement that states you have "at least $25,000 available for your use" is acceptable.
Please send, fax, or attach a scanned copy to an email and send it directly to us. If you have any questions, please contact me directly. All contact information is given below.
Scholarship and Financial Assistance Information
UNDERGRADUATE APPLICANTS/STUDENTS: International students are not eligible for SDSM&T or federal loan programs and should not apply for such financial assistance. International students may apply for scholarships, but many scholarships are limited to US citizens or permanent residents. We do not offer scholarships specifically for international students. You must be ADMITTED by February 1 of the year you are planning to enroll in the fall semester if you wish to be considered for scholarships. Scholarships are only awarded for a start date of the fall semester.
The Financial Aid office has information specifically for international students at http://sdmines.sdsmt.edu/finaid/international. There are other web sites that offer information on financial assistance for international students. These are:
http://www.internationalscholarships.com/
http://www.isoa.org/list_scholarships.aspx (Insurance from this site is not acceptable to meet SD Board of Regents requirements.)
This informatioin is offered through independent sources and is not controlled by the School of Mines.
GRADUATE APPLICANTS/STUDENTS: International stduents are eligible for graduate assistantships. All decisions regarding financial assistance are made in the academic departments, so please contact your department directly.
Ivanhoe International Center
501 East Saint Joseph Street
Rapid City, SD 57701-3995
Telephone: (605) 394-6884
Fax: (605) 394-6883
Email: Ivanhoe@sdsmt.edu
